Streetbeat News

Earnings

DAIO

Data I/O reported Q2 earnings of $0.03 per share, a 137.5% increase YoY. The company's quarterly sales were $7.40 million, beating the analyst consensus estimate of $6.78 million by 9.14%. This is a 55.17% increase over sales of $4.77 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:28 pm

INTC

Intel Corp (NASDAQ:INTC) reported Q2 revenue of $12.9 billion, down 15% YoY but ahead of the Street consensus estimate of $10.97 billion. EPS of 13 cents beat the Street consensus estimate of a loss of 3 cents per share. The company sees Q3 revenue in a range of $12.9 billion to $13.9 billion, in line with a Street estimate of $13.23 billion. Intel shares are up 6% to $36.42 in after-hours trading.

Portfolio Pulse from Chris Katje

July 27, 2023 | 8:28 pm

HIG

Hartford Finl Servs Gr (NYSE:HIG) reported Q2 earnings of $1.88 per share, beating the analyst consensus estimate of $1.85 by 1.62%. However, this is a 12.56% decrease from the same period last year. The company's quarterly sales of $6.05 billion missed the analyst consensus estimate by 0.02%, but it's a 12.58% increase from the same period last year.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 8:28 pm

OLN

Olin Corporation expects its Q3 adjusted EBITDA to be approximately 10% lower than Q2. The company also forecasts its FY23 adjusted EBITDA to be around $1.4 billion.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:28 pm

KINS

Kingstone Companies, Inc. (NASDAQ:KINS) announced estimated net pre-tax catastrophe losses for Q2 2023 of $1.38 million ($1.09 million after-tax). The losses were due to three events.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 8:27 pm

RVSB

Riverview Bancorp (NASDAQ:RVSB) reported Q1 earnings of $0.13 per share, meeting analyst consensus. This represents a 38.1% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:27 pm

ABCB

Ameris (NASDAQ:ABCB) reported Q2 earnings of $0.91 per share, missing the analyst consensus estimate of $1.13 by 19.47%. This is a 22.88% decrease from the same period last year. However, the company's quarterly sales of $276.89 million beat the analyst consensus estimate of $257.95 million by 7.34%, a 0.61% increase from last year.

Portfolio Pulse from mahesh@benzinga.com

July 27, 2023 | 8:27 pm

CUZ

Cousins Props (NYSE:CUZ) reported Q2 earnings of $0.68 per share, a decrease of 2.86% YoY. However, the company's quarterly sales of $204.32 million beat the analyst consensus estimate of $201.87 million by 1.21%, marking a 10.04% increase YoY.

Portfolio Pulse from totan@benzinga.com

July 27, 2023 | 8:27 pm

CPKC

CPKC has projected its core EPS to grow in the mid-single digits year-on-year for FY23.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 8:26 pm

TXRH

Texas Roadhouse has reiterated its FY23 outlook for positive comparable restaurant sales growth, including the benefit of menu pricing actions.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:26 pm